All Real Assets articles in October 2008 (Online) – Page 3

  • Market pressures force fund extensions
    News

    Market pressures force fund extensions

    2008-10-10T16:42:00Z

    EUROPE – Non-listed real estate funds are increasingly extending the life of their vehicles rather than liquidating them in a bid to avoid the forced sale of their assets at current low market prices, the European Association for Investors in Non-listed Real Estate Vehicles (INREV) has found.

  • European real estate shown as Canadian target
    News

    European real estate shown as Canadian target

    2008-10-10T16:36:00Z

    CANADA/EUROPE - Major Canadian pension funds continue to invest in European real estate, despite the credit crunch, as consumer and investor confidence remains high, according to DTZ.

  • Los Angeles City seeks a wider view
    News

    Los Angeles City seeks a wider view

    2008-10-09T17:40:00Z

    UNITED STATES - Los Angeles City Employees’ Retirement System has approved two new real estate commitments totaling $45m (€33.1m) which will see the pension fund invest in REITS and Latin America.

  • Dallas Police & Fire helps fund retail venture
    News

    Dallas Police & Fire helps fund retail venture

    2008-10-09T17:38:00Z

    UNITED STATES - Dallas Police & Fire Pension System is the capital source behind a global capital relationship with its real estate manager CDK Realty Advisors and RED Development, which will invest in retail property.

  • Alaska Retirement holds back from real estate
    News

    Alaska Retirement holds back from real estate

    2008-10-09T17:37:00Z

    UNITED STATES - Alaska Retirement Management Board has decided not to allocate any new capital to real estate investment in fiscal 2009.

  • Cornerstone gets ready to close hotel bookings
    News

    Cornerstone gets ready to close hotel bookings

    2008-10-09T17:36:00Z

    UNITED STATES - Cornerstone Real Estate Advisers is getting ready to close the capital raising on its Cornerstone Hotel Income & Equity Fund II, having persuaded investors to commit $466m (€340.5m) to the fund.

  • Pennsylvania Public School takes $286m risk
    News

    Pennsylvania Public School takes $286m risk

    2008-10-09T17:33:00Z

    UNITED STATES - Pennsylvania Public School Employees Retirement System has allocated $286m (€210m) in two commingled funds to target high returns in European mortgages and Asia.

  • PREA Conference presents a gloomy future
    News

    PREA Conference presents a gloomy future

    2008-10-09T17:32:00Z

    UNITED STATES – The pension fund real estate industry painted a pretty negative outlook for real estate investing at the Pension Real Estate Association’s 18th Annual Plan Sponsor Conference in Chicago last week.

  • BP deal squares up to property downturn
    News

    BP deal squares up to property downturn

    2008-10-07T17:29:00Z

    UK- BP’s pension fund real estate arm Ropemaker Properties has formed a £100m UK investment fund called Cubemaker Partnership with London-based property company Cube Real Estate, that aims to take advantage of the economic downturn and acquire cheap assets.

  • London tops the office expenses
    News

    London tops the office expenses

    2008-10-06T17:25:00Z

    UK - London remains the most expensive office market in the world, according to the latest research by London-based global commercial property investment consultants, CB Richard Ellis (CBRE).

  • DEGI continues European expansion
    News

    DEGI continues European expansion

    2008-10-06T17:24:00Z

    BELGIUM – DEGI, the €6bn German specialist property investment group, has bought a major European Union (EU) office complex in Brussels, in a deal worth €90m.

  • Singapore expected to bounce back strongly
    News

    Singapore expected to bounce back strongly

    2008-10-06T17:20:00Z

    SINGAPORE - Singapore remains the centre of choice in Asia for long-term investors seeking stable real estate investment returns, according to a new survey by iProperty.com.

  • German investors dominate in falling London markets
    News

    German investors dominate in falling London markets

    2008-10-06T17:19:00Z

    EUROPE - The Central London commercial property markets are continuing to fall under pressure from the current financial and economic crisis but indicators suggest overseas investors are still willing to consider deals, according to London-based commercial real estate services firm Cushman & Wakefield.

  • Fortis recruits for real estate amid its turmoil
    News

    Fortis recruits for real estate amid its turmoil

    2008-10-06T17:15:00Z

    NETHERLANDS - Raymond Satumalay, formerly investment manager at Bouwfonds Asset Management, is joining Fortis Vastgoed Vermogensbeheer, the real estate division of Fortis Insurance Netherlands, as its managing director of fund management.

  • Swiss funds still favour real estate
    News

    Swiss funds still favour real estate

    2008-10-02T22:40:00Z

    SWITZERLAND – Nine out of 10 Swiss pensions funds are indirectly invested in real estate while the majority also directly invest in the market, according to research from real estate investment specialist Sal Oppenheim.

  • CalSTRS prepares for market turn
    News

    CalSTRS prepares for market turn

    2008-10-02T22:38:00Z

    UNITED STATES - California State Teachers Retirement System is investing capital with existing real estate managers so these firms will have capital ready to place in the real estate market when conditions start to improve.

  • LA County reins in real estate spending
    News

    LA County reins in real estate spending

    2008-10-02T22:36:00Z

    UNITED STATES - Los Angeles County Employees Retirement Association has chosen not to allocate any new capital to real estate for fiscal year 2009 as the fund is now over-allocated to the sector.

  • Oregon PERF moves into infrastructure
    News

    Oregon PERF moves into infrastructure

    2008-10-02T22:35:00Z

    UNITED STATES - Oregon Public Employees Retirement Fund has made its first move into an infrastructure commingled fund and approved a $200m (€140.3m) commitment into the Alinda Infrastructure Fund II.

  • New York State takes $450m investment opportunity
    News

    New York State takes $450m investment opportunity

    2008-10-02T22:31:00Z

    UNITED STATES - New York State Common Retirement Fund has approved $450m (€308.2m) of commitments into three opportunity funds, in a bid to generate projected gross IRR of 20%.

  • ING Clarion takes its talent to Brazil
    News

    ING Clarion takes its talent to Brazil

    2008-10-02T18:50:00Z

    UNITED STATES - ING Clarion Partners is tapping its in-house investment expertise and opening a regional investment office in Brazil for the first time.